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    469 Kenazo Ave Horizon City, TX 79928

    For Sale
    $5,000,000

    Prime Horizon City land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 17.84-acre property in Horizon City, Texas, is offered at $5,000,000. Located at 469 N Kenazo Ave, El Paso County, zip code 79928 (APN: T963-000-004A-0100), this A-1 zoned land presents a compelling investment opportunity. Its strategic location near Amazon and the expanding Eastlake development makes it highly attractive for various projects, including apartment complexes or a prestigious gated community. The property's size and zoning offer significant development potential. The 2023 property taxes were $27,805. A one-acre parcel is also available for purchase at the south end of the property, fronting Kenazo Avenue

    Property Features for 469 Kenazo Ave

    General Information

    Property type
    Land
    Lot Size
    777,110 SF

    HighLights

    • $6.50 Price Per Square Foot
    • 2023 Property Taxes: $27,805
    • One‑acre parcel available for purchase, price upon request
    • 17.84 Total Acres
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Horizon City
    County
    El Paso
    State
    Texas
    Longitude
    -106.19571091513
    Latitude
    31.696887026048

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    FAQs

    What type of property is this?
    Land - Prime Horizon City land, ideal for development.
    Where is this land located?
    The property is located at 469 Kenazo Ave Horizon City, TX.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: $6.50 Price Per Square Foot; 2023 Property Taxes: $27,805; One-acre parcel available for purchase, price upon request
    Request Owner's contact information
    469 Kenazo Ave Horizon City, TX 79928
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    Horizon City, TX 79928
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    469 Kenazo Ave Horizon City, TX 79928
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